Bradley Beer began his career at BMT Tax Depreciation as a qualified Quantity Surveyor in 1998, working with two of the founding Directors to build the company from the ground up. After six years of successful performance and supporting year on year growth, he became a Director in 2002 and Managing Director in 2012. Since then, Bradley’s leadership and specialist experience in property tax depreciation and construction cost consulting has resulted in strong yearly growth. In 2016, the owners of BMT Tax Depreciation made the decision to broaden the scope of the existing business into BMT Group Holdings.
Bradley’s experience as Chief Executive Officer of BMT Group Holdings Pty Ltd and personally as a successful property investor has led him to become a highly sought after speaker at many national property related events and conferences Australia-wide.
Some of these include property expos, Defence Force Housing Australia, Taxation Institute of Australia, National Tax & Accountants Association, Real Estate Institute of Australia and regular training events for national corporate real estate groups.
Nominees three achievements
As Chief Executive Officer, Bradley Beer has led BMT Group Holdings Pty Ltd and its companies BMT Tax Depreciation, BMT Insurance and Homesales to reach many key business achievements.
BMT Tax Depreciation has maintained its position as an industry market leader in Quantity Surveying, specialising in the completion of comprehensive tax depreciation schedules. This culminated in reaching our 600,000 depreciation schedule completion in July 2018. Based on the number of depreciation schedules completed per year, the average growth per year in recent financial years has been 14 per cent.
The company has retained its position as market leader following changes to depreciation relating to plant and equipment assets found in second-hand residential properties announced during the 9th of May 2017 federal budget.
On behalf of BMT Tax Depreciation, Bradley was closely involved in parliamentary discussions regarding these changes, which passed through the parliament on the 15th of November 2017. Within the days following the changes, BMT were invited to participate in discussions with Treasury aimed at delivering the proposed changes with minimal impact on property investors.
Under Bradley’s leadership, BMT has led the industry in educating and informing clients and referrers about how the new rules impact them. As their preferred partner, BMT also worked closely with the National Tax and Accountants’ Association to keep thousands of Accountants updated across Australia.
Another key achievement has been in leading the team at BMT to make new developments to MyBMT, an interactive online portal which allows property investors, Accountants and Real Estate Agents to manage the details relating to their investment properties in one central location. The portal, which was initially released in March 2017, now has more than 36,000 registered users who have access to the wide array of tools MyBMT offers. Additional features have been developed within MyBMT, including a new research and insights tab, a BMT Insurance tab and the integration of PropCalc.
Using the Research and Insights tool home buyers and investors or tenants can discover properties recently listed for sale or rent, view Census and market data, keep abreast of planning applications and see new developments in the suburb a property is located.
The BMT Insurance tab allows investors to request an insurance quote to ensure their investment property is adequately covered for building, contents and landlord insurance.
PropCalc helps property owners and investors to determine the real costs of owning a property and the after-tax cash flow position of any prospective or existing property.
Bradley has also led the diversification of BMT Group Holdings Pty Ltd under through BMT Insurance and Homesales.com.au. Alongside BMT Tax Depreciation these two companies offer services which provide investors with assistance right throughout their investment journey. Investors can perform their search for an initial property via homesales.com.au, maximise depreciation deductions via BMT Tax Depreciation and ensure they are adequately covered for both building and contents and/or landlord insurance via BMT Insurance.
According to a survey conducted by the Insurance Council of Australia, 83 per cent of Australians are risking their homes and other valuable assets by not having enough insurance. A staggering 23 per cent of homeowners and renters have no content insurance at all. Through the diversification to insurance, as led by Bradley, BMT Group Holdings Ltd aim to educate and inform homeowners and investors on the importance of keeping up to date on the replacement values of their homes by seeking guidance from the experts at BMT Insurance.